abdulsalam
a year ago
Nvidia’s shares rose more than 4% on Wednesday, pushing the company past a historic $5 trillion market capitalization, making it the first publicly traded firm to reach this milestone, as reported by CNBC.
The surge highlights Nvidia’s evolution from a gaming-focused chipmaker to a central player in the artificial intelligence industry.
The stock has climbed over 50% so far in 2025, fueled by strong demand for AI processors.
CEO Jensen Huang said Nvidia expects roughly $500 billion in AI chip orders and announced plans to build seven supercomputers for the U.S. government.
“Shares of Nvidia rose more than 4% Wednesday, making the tech giant the first company to cross the $5 trillion market value threshold.
“The extraordinary milestone reflects a remarkable rise for the company, which has evolved from a niche video game processor to an integral player in the artificial intelligence boom.
“Nvidia’s stock, which closed up 5% Tuesday, has climbed more than 50% year-to-date,” the CNBC report read in part.
In a separate move, Nvidia revealed a $1 billion strategic investment in Nokia, forming a partnership to develop next-generation 6G network technology.


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